Tesla Motors is now taking deposits for their über-cool Model S sedan, which is planned for production in 2011 — they’ll be sold off in first-come-first-served order. The claims are 0-60 mph in a smooth 5.6 seconds, with seating for 5 adults. And 300 miles on a charge. Base models start at $50,000 — which seems quite the bargain, when you consider that it’s likely to compete with luxury sedans for amenities.

For a mere $5,000 ($4,950 of which can be refunded, at least as long as Tesla remains solvent), you can get your place in line.